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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

Energy Oil & Gas E&P
Peyto Exploration & Development Corp. is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta's deep basin. The Alberta Deep Basin is a geologic setting situated on the northeastern front of the Rocky Mountain belt in the deepest part of the Alberta sedimentary basin. It acquired Repsol Canada Energy Partnership (Repsol Assets), which included around 23,000 barrels of oil equivalent per day of low-decline production and 455,000 net acres of mineral land. The acquisition includes five operated natural gas plants with combined net natural gas processing capacity of around 400 million cubic feet per day, 2,200 kilometers (km) of operated pipelines, and a 12 MW cogeneration power plant. These assets include Edson Gas Plant and the Central Foothills Gas Gathering System. The Company has a total proved plus probable reserves of approximately 7.8 trillion cubic feet equivalent (1.3 billion barrels of oil equivalent).


TSX:PEY - Post by User

Peyto Exploration & Development Corp > What a great monthly report
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Comment by stockmarket1on Nov 06, 2023 1:04pm
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Post# 35719705

RE:RE:RE:What a great monthly report

RE:RE:RE:What a great monthly reportYes. Eric N was previously showing bullishness for Nat gas in 2025. Today on market call Teal Linde was pretty much saying the same. 

If you're on board with that, then now is the time to accumulate Peyto shares. I've held shares in Peyto for awhile now but, I've upted my buying since mid  Spring of 2023. I see this trading above $17 in 2024 so.....



Westcoastenergy wrote: Canada LNG will be a game changer for natural gas producers in the west.  No longer will it be local pricing.  the global LNG market is absolutely massive and will grow for years to come, if not decades.  Canadian gas, in 2025 when LNG Canada comes on stream, will no longer be local.


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